LSE:STS (Securities Trust Of Scotland Plc)

STS Global Income & Growth Trust plc is a UK-based investment trust which invests in a portfolio of global equities. It aims to meet the needs of investors looking for a growing level of income and steady capital growth over the long term, whilst also wanting to preserve the value of their money.The trust is managed by James Harries of Troy Asset Management who has over 20 years experience of managing global equity income strategies and says: "We aim to provide a balanced return between income and capital to allow our investors to fund their day to day lives as well as steadily growing the value of their investment over the longer term".The manager seeks to construct a global portfolio of shares in large, stable, high-quality, dividend-paying companies that are often dominant in their industries and benefit from habitual, persistent demand for their products.